The current financial news cycle tends to be heavily centered on Bitcoin coverage. Every now and then we get to learn about new developments such as decentralized finance technology and non-fungible tokens, but it does not take long for news outlets to return to their Bitcoin reporting. Major tokens such…
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How Politicians in the Senate Feel About Growth of Cryptocurrency
In the United States Senate, attitudes towards cryptocurrency adoption are not split evenly. You would almost expect younger Members of Congress to be more tech-savvy and thus friendlier towards digital currency projects, but many progressives feel that their constituents, who are typically working-class voters, have more pressing issues on their…
The Crypto Market Has Moved Sideways Over the Past Week
During the first trading week of August, the cryptocurrency markets were shaken by a strange rumor involving the world's most active and powerful oil producer. Traders were puzzled by the prospect of Saudi Aramco getting into the Bitcoin mining business; there was no reasonable precedent for this assumption,…
Digitally Golden: Melbourne, the Crypto Capital of Australia
Melbourne is one of those cities that went through a gold rush and was able to fully capitalize on its newfound wealth for many decades. Over the last few years, Melbourne has been gradually preparing for what very well could be its second gold rush, but this time it will…
Has the Crackdown on Chinese Bitcoin Miners Turned Investors Away?
Despite increased pressure by financial regulators who heed the wishes of the Communist Party of China, Bitcoin investors have managed to prevail by means of stoic reactions. Most of the regulatory actions reported by financial news outlets was limited to Bitcoin miners who were run out of town by Chinese…
Exciting News in the World of Bitcoin Traders
The final days of July were pretty momentous for Bitcoin traders who pushed their favorite cryptocurrency token over the $42,000 pricing level. Whether BTC/USD is able to sustain this rally remains to be seen as the first trading week of August starts, but this is not the only…